Stocks in News : Methode Electronics (NYSE:MEI), United Online (NASDAQ:UNTD), CSP Inc. (NASDAQ:CSPI), Hittite Microwave Corp (NASDAQ:HITT), Zion Oil & Gas (NASDAQ:ZN)

Technology Stocks News 16

Methode Electronics, Inc. (NYSE:MEI) was a big mover last session, as the company saw its shares rise nearly 16% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $31.60 to $34.81 in the past one-month time frame. Methode Electronics, Inc. (NYSE:MEI) belongs to Technology sector. Its net profit margin is 14.20% and weekly performance is 21.98%. On last trading day company shares ended up $41.13. Methode Electronics, Inc. (NYSE:MEI) distance from 50-day simple moving average (SMA50) is 20.43%.

On 29 Aug 2014 United Online (NASDAQ:UNTD) announced its earnings results on Thursday. The company reported $0.08 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.09 by $0.01, Analyst Ratings News reports. United Online, Inc. (NASDAQ:UNTD) shares increased 6.00% in last trading session and ended the day at $12.90. UNTD Gross Margin is 67.80% and its return on assets is -26.30%. United Online, Inc. (NASDAQ:UNTD) quarterly performance is 24.64%.

CSP (Nasdaq:CSPI

) has been upgraded by TheStreet Ratings from hold to buy. The company’s strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, increase in net income and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. On 08 September, CSP Inc. (NASDAQ:CSPI) shares decreased -1.03% and was closed at $7.89. CSPI EPS growth in last 5 year was 23.80%. CSP Inc. (NASDAQ:CSPI) year to date (YTD) performance is 1.91%.

On 14 Aug 2014 Hittite Microwave Corp (NASDAQ:HITT)acquisition is estimated to extend Analog Devices’ amplifier and RF segment, which earned $682 million in 2013, by approximately 39%. In addition, thanks to Hittite’s strong margin profile, the deal is expected to be immediately accretive to Analog Devices’ already-high gross and operating margins by 40 and 70 basis points, respectively, as well as to earnings by 4%-6%.  Hittite Microwave Corp (NASDAQ:HITT)was closed at $78.00.

On 31 July 2014 Zion Oil & Gas, Inc. (NASDAQ:ZN) has executed a Transfer Agency and Registrar Services Agreement with the American Stock Transfer & Trust Company, LLC, a New York limited liability trust company (“AST”), located at 6201 15th Avenue, Brooklyn, NY 11219, and has executed with AST a Warrant Agreement. Under the agreements, AST has been appointed as our sole Transfer Agent and registrar for the Company’s common stock and warrants and as our DSPP Plan Agent and for any such other securities as the Company may request, effective August 1, 2014. Zion Oil & Gas, Inc. (NASDAQ:ZN) shares decreased -3.68% in last trading session and ended the day on $1.83. its return on assets is -55.40%. Zion Oil & Gas, Inc. (NASDAQ:ZN) quarterly performance is -14.08%.

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